Yazaki Saltano

Type
Internal restructuring
Country
Portugal
Region
Continente; Centro (PT); Região de Aveiro
Location of affected unit(s)
Ovar
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
300 jobs
Number of planned job losses
Job loss
Announcement Date
29 August 2008
Employment effect (start)
1 September 2008
Foreseen end date

Description

Yazaki Saltano, a Japanese multinational that produces vehicle cables has announced that it is to cut 300 jobs at the Ovar factory. The decision is justified by the end of production of car components. The factory currently employs 1,900 workers.

Sources

  • 18 August 2008: Jornal de Notícias

Citation

Eurofound (2008), Yazaki Saltano, Internal restructuring in Portugal, factsheet number 67038, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67038.